RedShelf Receives Ranking as No. 121 on the Inc. 5000 List
Inc. Unveils Its 37th Annual List of America’s Fastest-Growing Private Companies
CHICAGO (August 16, 2018) -- RedShelf, a leading provider of digital learning materials, has been honored for the first time on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. RedShelf ranks among the honorees as the second fastest-growing education company and the fifth fastest-growing company in Illinois.
The Inc. 5000 list represents a unique look at the most successful independent businesses with past honorees including Microsoft, Dell, Domino’s, Pandora, Timberland, LinkedIn, Yelp and Zillow.
“Being included in this prestigious list of companies alongside some of the top independent businesses is incredible and a true testament to the growth we’ve seen since our founding in 2011,” said Greg Fenton, CEO of RedShelf. “Our obsessive commitment and passion for improving the education space has helped us successfully scale the business year-over-year, and we’re not slowing down anytime soon.”
Not only have the companies on the 2018 Inc. 5000 been competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” said James Ledbetter, editor in chief of Inc. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria can be found at https://www.inc.com/inc5000/index.html.
MORE ABOUT INC. AND THE INC. 5000 METHODOLOGY
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
ABOUT INC. MEDIA
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
Chicago-based RedShelf is a leading provider of affordable digital learning materials helping to improve teaching and learning through technology. In collaboration with strategic partners, publishers, institutions and campus bookstores, RedShelf streamlines the discovery and distribution of digital textbooks and digital course content for all students. For more information, visit www.about.redshelf.com or follow on Twitter, Instagram or Facebook.